Sold
Last Sold Price
3,457 sqft
1566 W Smith Valley Rd, Greenwood, IN 46142
Mixed UseProperty Type
1 acresLot Size
1956Year Built
$149/sq ftPrice per sq ft

Description

PRIME Location office/retail space off of Smith Valley near SR 135 with multiple office and auxiliary spaces, kitchen and 2 bathrooms. This property also includes 2035 sq ft warehouse building with 2 overhead doors in the front and one overhead door on the side. This warehouse also has a bathroom and its own electric meter. This property is 1 Full Acre and has over 15,000 cars pass by per day giving it Excellent visibility. As a bonus feature, this property boasts an incredible amount of parking....PRIME Location office/retail space off of Smith Valley near SR 135 with multiple office and auxiliary spaces, kitchen and 2 bathrooms. This property also includes 2035 sq ft warehouse building with 2 overhead doors in the front and one overhead door on the side. This warehouse also has a bathroom and its own electric meter. This property is 1 Full Acre and has over 15,000 cars pass by per day giving it Excellent visibility. As a bonus feature, this property boasts an incredible amount of parking. Zoned CS, this can be a great location for many types of business uses!
  • Listed by: Jacob Duke 317.420.4000 jakeduke@dukecollective.com • Duke Collective, Inc.
Listing closed: 05/22/2025 12:00 AM • Source: MIBORMLS, MLS#: 22008273

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Recent comparable sales

Median sold price

$578,002

Avg days on market

76

Sale-to-list ratio

143000000.0%

Greenwood, IN

9 comparable properties found

$1,430,000 | 1305 South State Road 135, Greenwood, IN 46143
1/17
1

$1,430,000

Sold 11/15/24

Unavailable
Bedrooms
Unavailable
Bathrooms
7,392
Square Feet
9.49
Acres
2

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Sold 05/14/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.19
Acres
3

$515,000

Sold 07/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.27
Acres
4

$590,003

Sold 09/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.29
Acres
5

$578,002

Sold 07/28/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.29
Acres
6

$609,578

Sold 07/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.21
Acres
7

$532,140

Sold 07/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
8

$594,970

Sold 07/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
9

$515,450

Sold 04/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.38
Acres

Location

Listing Courtesy of Duke Collective, Inc.

Sold By Duke Collective, Inc.

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Property Information for 1566 West Smith Valley Road

Property Details
  • Taxes: $1,733 semi-annually
  • MLS Type: Commercial Sale / Mixed Use
  • Township: White River
  • Zoning: CS
Building Information
  • Year Built: 1956
  • Lot Size: 1.00 AC / 43,560 SF
Summary
Location and General Information
  • City: Greenwood
  • County Or Parish: Johnson
  • Directions: GPS Friendly
  • Postal Code: 46142
  • Postal Code Plus4: 1548
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 410336034004000041
  • Semi Annual Property Tax Amt: 1733
  • Tax Year: 2023
  • TaxLot: Se Sw S36 T14 R3
School Information
  • High School: Center Grove High School
  • School District: Center Grove Community School Corp
Property
Lot Information
  • Acreage: 1-3 Acres
  • Current Use: Vacant
  • Lot Size Square Feet: 43560.0
  • Lot Size Acres: 1.0
  • New Construction: False
  • Space Available: 3457
  • Sq Ft Total: 3457.0
  • Year Built Numeric: 1956
  • Maximum Contiguous Square Feet: 2035
  • Minimum Contiguous Sqare Feet: 1422
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: Se Sw S36 T14 R3
  • Photos Count: 29
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Green Features
  • Green Certification: No
Utilities
  • Utilities: Electricity Connected, Water Connected

Property History for 1566 West Smith Valley Road

DateEvent & SourcePriceAppreciation
May 22, 2025

Sold

MIBORMLS #22008273

$515,000—
May 21, 2025

Sold (Public Record)

Public Record #1925320595

$515,000—
May 15, 2025

Pending

MIBORMLS #22008273

—
DateEvent & SourcePrice
05/22/2025

Sold

MIBORMLS #22008273

$515,000
05/21/2025

Sold (Public Record)

Public Record #1925320595

$515,000
05/15/2025

Pending

MIBORMLS #22008273

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1566 West Smith Valley Road

Taxable ValueLand$35,000Additions$169,200Total$204,200
Tax Record2025$4,137 ($345 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,422 SqFtAbove Grade Finished SqFt1,422 SqFtStories1Lot Size43,560 SqFtStyleSingle Family ResidenceYear Built1956Year Renovated1985CountyJOHNSONAPN41-03-36-034-004.000-041

Schools near 1566 West Smith Valley Road

This home is within Center Grove Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
North Grove Elementary School
PublicK to 5

Center Grove Middle School North
Public6 to 8

Center Grove High School
Public9 to 12

Walnut Grove Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Duke Collective, Inc.

Based on information submitted to the MLS GRID as of 05/23/2025 04:18 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.